7 Best Forex Brokers in Turkmenistan

The 7 Best Forex Brokers in Turkmenistan – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Turkmenistan.

In this in-depth guide, you will learn:

• The Best Forex Brokers in Turkmenistan – a List
• Is Forex Trading Legal in Turkmenistan?
• The Best Forex Brokers for Beginners and Foreigners
• Low TMT Minimum Deposit Forex Brokers
• Leading MT4, MT5, and, cTrader Forex Brokers

and much, MUCH more!

7 Best Forex Brokers in Turkmenistan – a Comparison

7 Best Forex Brokers in Turkmenistan (2024)

1. ☑️ IC Markets – Overall, the Best Forex Broker in Turkmenistan
2. ☑️ GO Markets – Best Overall Trading Experience
3. ☑️ FP Markets – Best Mobile Trading Experience
4. ☑️ Tickmill – Best Forex Broker with Bonus Offers
5. ☑️ Moneta Markets – High User Trust Score
6. ☑️ XTB – Best Online Trading Experience
7. ☑️ Interactive Brokers – Best Proprietary Offering

IC Markets

IC Markets is a globally recognized Forex and CFD Broker licensed and regulated by ASIC, CySEC, FSA, and, the SCB.  Moreover, account options available include:

• cTrader Account – Only available on the cTrader Platform
• Raw Spread Account – Ideal for Scalpers, Day traders, and, Active traders
• Standard Account – Ideal for Beginners and Casual traders

In addition, supported Trading Platforms include MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. Furthermore, Notable Factors and Features include:

• 24/7 Multilingual Customer Support
• Copy and Social Trading via Multiple Platforms
• Multiple Base Currencies, including AUD, USD, and, JPY
• Over 60 Currency Pairs
• Spreads from 0.0 Pips
• Scalping and Hedging are Offered
• The Standard Account is Commission Free

Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

Pros and Cons

Our Insights

The Benefits of Trading with IC Markets include a Demo Account with an extremely high virtual balance.

GO Markets

GO Markets is a reliable and robust forex and CFD broker. Regulations by renowned and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Account options available are:

• Standard Account – Ideal for casual retail traders.
• GO+ Account – Ideal for scalpers, day, and algorithmic traders.

Additionally, a Demo Account is available. Supported Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader. Moreover, Notable factors include:

• Several Base Currencies, including EUR, GBP, and, CHF
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Access to over 50 Currency Pairs
• Multiple Educational Resources
• A Commission Fee is Charged

Furthermore, trading instruments and Products include Forex, Shares, Indices, Metals, Commodities, and,  Cryptocurrencies.

Pros and Cons

Our Insights

The Benefits of trading with GO Markets include multiple security measures including the Segregation of Client funds.

FP Markets

FP Markets is a highly trusted Forex Broker regulated in several regions with a trust score of 87 out of 99. License and Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. In addition, notable Factors and Features include:

• No Inactivity Fee is Charged
• Multilingual Customer Support
• A Commission Fee is Charged
• Multiple Base Currencies, including AUD, CAD, and, GBP
• Spreads from 0.0 Pips and Leverage of up to 1:500

Moreover, Account Options and Trading Platforms include:

• Standard, Raw, Islamic Standard, Islamic Raw, and, Demo Accounts
• MetaTrader 4 and MetaTrader 5
• IRESS
• cTrader
• A Proprietary Mobile App

Furthermore, Several Funding Options are available, including Neteller, Skrill, Asia Bank, Virtual Pay, and, Credit Cards. Additionally, trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.

Pros and Cons

Our Insights

The benefits of trading with FP Markets include excellent 24/7 multilingual customer support and several impressive trading platforms.

Tickmill

Tickmill is an established and trusted Forex and CFD Brokerage with a trust score of 83 out of 99. Moreover, licenses and Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. In addition, Notable Factors and Features include:

• No Inactivity Fee is Charged
• Spreads from 0.0 Pips
• A 30 USD Welcome Account
• Promotions and Contests
• Multiple Base Currencies, including USD, EUR, and, GBP
• Leverage of up to 1:500

Furthermore, account Options and Trading Platforms include:

• VIP, Classic, Pro, Islamic, and, Demo Accounts
• MetaTrader 4 and MetaTrader 5
• A Proprietary Mobile App

Additionally, several Funding Options are available, including Crypto Payments, Skrill, and, Neteller. Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs.

Pros and Cons

Our Insights

The Benefits of trading with Tickmill include access to several Bonus Offers and a variety of instructional resources, including webinars, seminars, eBooks, and, video lessons.

Moneta Markets

Moneta Markets is a popular Forex and CFD Brokerage. Regulations by renowned and trusted agencies include the FSCA, FSA Seychelles, CIMA, and, ASIC. Account Options include:

• Direct STP Account – Ideal for beginners and casual traders
• Prime ECN Account – Ideal for experienced traders
• Ultra ECN Account – Ideal for scalpers and professional traders

In addition, a Demo Account is available. Supported Trading Platforms include PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader. Moreover, notable factors and features include:

• 10 Base Currencies, including SGD and HKD.
• Spreads from 0.0 Pips
• Leverage of up to 1:1000
• Access to Over 40 Currency Pairs
• No Inactivity Fee is Charged

Additionally, trading instruments and Products include Forex, Commodities, Indices, Shares, ETFs, Bonds, and, Cryptocurrencies.

Pros and Cons

Our Insights

The benefits of trading with Moneta Markets include access to more than 1,000 tradable assets and Multilingual support. Moreover, Competitive spreads are offered.

XTB

XTB is a highly regulated and well-established Forex and CFD Broker. Moreover, Regulations by renowned and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. In addition, account Options include:

• Standard Account – Ideal for Novice and Casual Traders
• Islamic, Swap-Free – Idealf for Muslim Traders

Furthermore, a Demo Account is available. The xStation 5 and xStation mobile Platforms are supported. In addition, Notable Factors and Features include:

• Multiple Base Currencies, including USD, EUR, and, GBP
• Spreads from 0.5 Pips
• Leverage of Up to 1:500
• Access to over 50 Currency Pairs, including Major, Minor, and Exotic Pairs
• An Inactivity Fee is Charged

Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs.

Pros and Cons

Our Insights

The benefits of trading with XTB include commission-free trading on genuine stocks and ETFs, in-depth market research, and, narrow spreads on main currency pairs.

Interactive Brokers

Interactive Brokers is amongst the highest regulated and trusted Forex, CFD, and Financial Service Providers. Moreover, Licenses and Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. In addition, notable Factors and FEatures include:

• Multiple Base Currencies, including USD and AUD
• Spreads from 0.6 Pips
• Leverage of up to 1:30
• No Minimum Deposit is required
• Multilingual Customer Support
• Scalping and Hedging

Furthermore, Account Options and Trading Platforms include:

• IBKR Lite Account
• IBKR Pro Account

Moreover, a Demo Account is available. Supported Trading Platforms include IBKR Trader WorkStation, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact. Furthermore, an IBKR Desktop and Mobile App is offered.

Trading instruments and Products include Forex, Stocks, ETFs, Options, Futures, Indices, Mutual funds, Cryptocurrencies, Metals, and, Bonds

Pros and Cons

Our Insights

The Benefits of Trading with IBKR include access to a comprehensive desktop platform. In addition, online and mobile trading platforms are available.

Is Forex Trading Legal in Turkmenistan?

Forex Trading in Turkmenistan is Legal and within strict control. In addition, it falls under the regulatory authority of the Turkmenistan Government.

In Conclusion

The Popularity of Forex Trading in Turkmenistan has seen a spike. Moreover, it is well-regulated. In addition, multiple international Forex Brokers accept Local traders.

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker
🥈		Read Review	FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC	USD 100	Visit Broker
🥉		Read Review	CySEC, MISA, FSCA	USD 25	Visit Broker
4		Read Review	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB	USD 200	Visit Broker
5		Read Review	ASIC, FCA, CySEC, SCB	USD 100	Visit Broker
6		Read Review	FCA, FSCA, FSC, CMA	USD 200	Visit Broker
7		Read Review	BVI FSC	USD 1	Visit Broker
8		Read Review	CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA	USD 10	Visit Broker
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker
10		Read Review	IFSC, FSCA, ASIC, CySEC	USD 1	Visit Broker

Our Insights

While reviewing the Best Forex Brokers that accept Traders in Turkmenistan, we found 7 excellent options. In addition, each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Furthermore, finding the Best Forex Broker will depend on a trader’s individual trading needs.

You might also like:

• IC Markets Review
• GO Markets Review
• FP Markets Review
• Tickmill Review
• Moneta Markets Review